The real estate market is seeing a series of notable policy proposals and developments. The Ministry of Construction has proposed transferring 5% of the value of a future-formed home, corresponding to the final payment, into a secured account instead of waiting until the pink book is received, as is currently the case. The ministry has also proposed allocating land funds for rental housing in wards, areas oriented toward public transport development and locations near universities. In Ho Chi Minh City, authorities have approved the conversion of nearly 10,500 square meters of land for the An Phu urban area, while arranging 128 resettlement homes, land plots and apartments to support site clearance for the Ben Thanh - Can Gio railway and Ring Road 4. More than 145 hectares of land in Binh Duong Ward has also been recovered to enforce a court judgment in a land management violation case involving Binh Duong Production and Import-Export Corporation. In the project and infrastructure seg...
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